What’s a Smart Refinance?

A no-cost mortgage refinancing option that can save you time and money.

Want to refinance your mortgage for a lower rate, different loan terms, or to get cash out? A U.S. Bank Smart Refinance may be for you. This no-closing-cost refinance option comes with a straightforward application process and flexible terms. You can even start your Smart Refinance application online and close in any U.S. Bank branch.

Benefits of a no-cost refinance

Competitive rates and cash out

A Smart Refinance offers competitive fixed rates, plus the opportunity to tap into your home's equity for major purchases, debt consolidation and other one-time needs.

Money-saving terms

Loans are available up to 90% loan-to-value without mortgage insurance.  Maximize your savings by locking in to a competitive interest rate with terms up to 20 years.

Convenience and experience

You can apply online, over the phone or in any branch. Your loan closing will be at a U.S. Bank branch.

More ways to borrow: A Smart Refinance is a popular way for qualified homeowners to finance one-time borrowing needs, but there are other home equity options to consider.

More questions? Give us a call at 866-829-2347.

Ready to get started? You can start your Smart Refinance application online or on the phone and close at any U.S. Bank branch.

Smart Refinance FAQs